Turning distressed, property-backed credit into durable value.
We are a company specialised in mortgage-backed NPLs and REO assets in Spain, combining rigorous underwriting with practical, on-the-ground local management.
Who we are
Tenphos Capital
Specialised mid-market strategy
We are a company that acquires non-performing mortgage debt and, through a tailored boutique approach, analyse each position in depth to obtain complete information on the collateral property’s condition, associated encumbrances and charges, and its legal, tenancy and occupancy status, which enables us to assess the investment’s return with a high degree of accuracy.
“The deal is made when you buy and realised when you sell.”
NPLs
Why NPLs (Non-performing loans)
“At Tenphos Capital, we secure discounts on the property’s principal debt, ensuring that even in adverse scenarios the expected returns are maintained.”
OPPORTUNITY
“We focus primarily on residential NPLs in areas selected after detailed market analysis, which guarantees ease of sale of the property once the debt has been regularised and recovered.”
APPROACH
APPROACH
Our Tools
AI-Driven, Asset-Level Insight
At Tenphos Capital, we’ve developed proprietary AI-powered tools that give us a detailed, precise view of each debt position and its collateral, and subsequently let us monitor the investment’s status in real time.
Live Valuations
Likewise, we use a location-based asset valuation system linked to the main administrative registries, resulting in a highly accurate, real-time valuation of the collateral.
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